Cannabis Sales Trends: Page 3

Massachusetts Dispensaries Ring Up Record $1.8 Billion in 2023 Cannabis Sales

The state’s retail market growth stalled during its fifth full year of legalization as the average price per ounce dipped to an all-time low.

Illinois Celebrates 3rd Year of Record Adult-Use Cannabis Sales Growth

Adult-use cannabis sales exceeded $1.6 billion in 2023, setting an annual record.

Michigan Caps Off $3 Billion Year in Cannabis Sales With Record-Breaking December

The state’s licensed dispensaries sold nearly 1 million pounds of cannabis flower in 2023 at an average cost of $92 per ounce to consumers.

How Much Did an Ounce of Cannabis Flower Cost in 2023?

While average prices per ounce hit rock bottom in some states this past year, prices in other markets remain relatively high despite comparable maturities.

How the Nation’s 6 Newest Adult-Use Cannabis Markets Performed in 2023 (With Projections for 2024)

New York took a backseat to Missouri and Maryland, while Connecticut, Rhode Island and Vermont got their adult-use feet wet.

Maryland Breaks Monthly Adult-Use Sales Record; On Pace for $1.1 Billion in 2024

The state’s retail market will nearly double when cannabis regulators award social equity licenses from an application period that just closed.

New Jersey Dispensaries Break Quarterly Cannabis Sales Record

The state’s growing number of licensed retailers reported more than $206 million in cannabis sales for the third quarter.

Consumer and Sales Trends in the Second Largest US Cannabis Market

On the four-year anniversary of adult-use sales in Michigan, consumer purchasing trends reveal insights about top brands, product categories, illicit market competition and more.

Michigan’s 4-Year Adult-Use Sales Anniversary: A Visual Recap

New York Cannabis Sales Eclipse $100M as Missouri Passes $1 Billion in 2023

The Empire State’s regulated adult-use retail market has struggled to pick up steam with a mere 27 operators licensed for commercial sales.

Ready For Recreational? Ohio’s Outlook Ahead of Adult-Use Ballot Measure

Consumer and product trends in this closely watched medical market, which could flip to adult use if voters approve this November, differ from its neighbors.

Illinois Repeats $165 Million Cannabis Sales Month for September

The state’s average flower price of $277 per ounce remains relatively steep despite demand for adult-use products being at an all-time high.

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